Toray Industries (OTCMKTS:TRYIY) Sees Strong Trading Volume – Still a Buy?

Shares of Toray Industries Inc. (OTCMKTS:TRYIY) saw an uptick in trading volume on Monday . 91,626 shares were traded during trading, an increase of 226% from the previous session’s volume of 28,144 shares.The stock last traded at $14.24 and had previously closed at $14.79.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. raised Toray Industries to a “strong-buy” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Toray Industries presently has a consensus rating of “Moderate Buy”.

Toray Industries Stock Performance

The business has a 50 day simple moving average of $14.19 and a 200 day simple moving average of $14.21. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $10.77 billion, a PE ratio of 20.46 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIY) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a return on equity of 4.25% and a net margin of 3.06%.The company had revenue of $4.22 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Equities research analysts predict that Toray Industries Inc. will post 0.79 EPS for the current fiscal year.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.